3rd Cypriot Italian Business Forum. Focus on “Recovery Plan and Opportunities for Italian Companies in Cyprus”.

December 16, 2020


It was held on 15th December the 3rd Cypriot Italian Business Forum, focused on “Recovery Plan and Opportunities for Italian Companies in Cyprus”.

The event organised by the Italian-Cypriot Chamber of Commerce in collaboration with the Cyprus Chamber of Commerce and Industry (KEBE), under the auspices of the Embassy of Italy in Cyprus and the Embassy of Cyprus in Italy.

After the opening remarks of the President of the Italian-Cypriot Chamber of Commerce, Giuseppe Marino, the institutional greetings came from Marios Tsiakkis, Secretary General of Cyprus Chamber of Commerce and Industry, Domenico Mauriello, Head of New Projects & Internationalization of Unioncamere and Marco Maceroni, Manager Directorate General Division VII Ministry of Economic Development Italy.

After them the Ambassador of Cyprus H.E. Minas Hadjimichael and the Ambassador of Italy H.E. Andrea Cavallari, both also Honorary Presidents of the Italian-Cypriot Chamber of Commerce, underlined the important role played by the Chamber in supporting business on the Italian-Cypriot axis with concrete actions.

Particularly relevant has been the address speech of H.E. Natasa Pilides, Minister of Energy, Commerce and Industry of Cyprus who, after shown updated data about the commercial exchanges between Italy and Cyprus, represented the significant opportunities with particular reference to the renewable energy sector, the hydrocarbons sector and the forthcoming liberalization of the electricity market.

The forum works – moderated by the Vice President Federico Franchina – has been a great occasion to discuss about future possible developments in different areas, such as energy, with particular reference to energy transition, green hydrogen, circular economy and waste management. Also it has been shown a possible scenario of investments in infrastructures, technology and digitalization. These all areas will be touched by the European Recovery and Resilience Plan with significant funding.

The very noteworthy panel of speakers, as concerns the topic of Recovery Fund and Opportunities for Italian Companies in Cyprus, saw the succession of the speeches made by Luca Dal Fabbro, founder and partner of Circular Value Fund, Andreas Pentaliotis, Head of Operations and Projects Manager of DEFA, Natural Gas Public Company, Giovanni Dolcetta, Head of Commercial & Business Development of Gruppo ICM, Mario Franchin, Senior Vice President Commercial Global Solution of SNAM SpA, Chrysis Phiniotis, Senior Director of Technology & Informatics of CYTA, and Ioannis Tirkides, Economic Research Manager of Bank of Cyprus.

Costas Katsaros, Vice President of the Italian-Cypriot Chamber of Commerce, took care of the closing remarks stressing out how the large number of participants underlines the great interest among Italian and Cypriot business players on possible investments and developments, and their willingness to cooperate together for the new year’s opportunities wishing also the best wishes from the Chamber for the upcoming Christmas.

For information and insights on activities of the Italian-Cypriot Chamber of Commerce: segreteria@camcomitacipro.it 

Last modified: December 17, 2020

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